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Be Prepared to Hear More about Taxes, Taxes, Taxes |
With the US government engaged in out-of-control spending, we are looking at tax increases in the coming years. And even if Congress does not pass official tax hikes, we will see the government seizing wealth via inflation. |
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Thousands of Years Later, Price Controls Are Still a Bad Idea |
In 301 AD, Roman emperor Diocletian implemented price ceilings on over 1,200 goods. His edict shows that not much has changed regarding the politics and economics of price controls. |
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The New Minimum Wage Increase in Nigeria is a Pyrrhic Victory for Organized Labor |
The Nigerian government has passed a new minimum wage law, and the usual suspects are happy because the country "is getting a raise." Economic reality, however, will set in soon enough. |
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